Save Money in 2015 with Four Tips

Like many Americans, you may be compiling a New Year’s resolution list that includes the desire to save money in 2015. After all, if you have savings set aside for emergencies, you can ease your mind the rest of the year. This may also be the year that you want to finally start working on your retirement savings plan. No matter what your reason, there are four ways that you can save money in 2015 that really pay off.

Do you need cable anymore?

If you have a package that includes internet and cable, consider canceling both and only using your smartphone. While you may be watching Hulu or Netflix from your phone instead of your TV, the savings you will get may be significant enough to afford the sacrifice. This is especially true if you are very rarely home and live alone.

Cut your restaurant budget

Do you find yourself eating out over five times per week? If you want to save money, making food at home could be your best bet. What usually works is making all of your meals on Sunday and placing them in ready-to-eat containers that are the size of one meal. In essence, you can easily make your own frozen TV dinners to save money.

Wear a sweater, save a dollar

Wearing extra layers at home will save you significantly on heating bills, but here is one tip you might not know about.  Some electric companies will offer discounts for services during down times.  This means that it might be cheaper to run a dryer on Tuesday morning as opposed to peak times like Thursday night.

Save as much money as your bigger bills

Do you pay a significant amount of money each month for your car payment or utility bill?  Consider using this amount as a number for your savings.  When you pay $400 for your utility bill, put in $400 of savings at the same time in your bank account.  This will help you stay on track with remembering to put money aside each month.

When your savings fall short, we are here for you

Even the best savers have problems with their bank accounts from time to time.  This is especially true if you have an unexpected emergency like paying a large deductible for your health insurance policy.  When living frugally and pinching pennies is not enough, Bay Area Title Loans is here for you.  Visit us in one of our convenient locations throughout the Bay Area, or give us a call.  We can help you find solutions for your financial problems when you need a loan in 2015.